05:31:59 EDT Mon 29 Apr 2024
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Vecima Networks Inc
Symbol VCM
Shares Issued 24,311,594
Close 2024-03-15 C$ 19.60
Market Cap C$ 476,507,242
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Vecima's Entra technology to be used by Lica Czech

2024-03-18 10:50 ET - News Release

Mr. Ryan Nicometo reports

VECIMA PARTNERS WITH LICA TO ELEVATE ELSAT'S NETWORK INFRASTRUCTURE IN THE CZECH REPUBLIC

Lica Czech s.r.o. is deploying Vecima Networks Inc.'s Entra SC-1D and Entra access controller (EAC) solutions for Elsat spol. s.r.o., a provider of telecommunications services in the Czech Republic.

The deployment for Elsat gives Lica a launching point as it introduces Vecima's technology to the Czech Republic in the form of an innovative remote Macphy device (RMD) distributed access architecture (DAA) application.

Vecima's SC-1D, a cornerstone of the Entra family, is specifically designed for DAA applications, enabling operators like Elsat to transition their networks toward a more distributed, efficient and scalable architecture. The SC-1D simplifies network design and enhances operational efficiency by moving PHY layer functions closer to the network edge, thereby reducing latency and increasing bandwidth availability.

Complementing the SC-1D, Vecima's Entra access controller (EAC) serves as a centralized management platform that orchestrates the complex interactions between the core network and distributed access devices. The EAC ensures seamless integration and optimal performance of the DAA ecosystem, facilitating advanced features such as dynamic bandwidth allocation and network virtualization.

"Lica is proud to partner with Vecima to bring its industry-leading DAA solutions to operators in the Czech Republic," said Peter Link, chief executive officer at Lica. "Vecima is known for its reliability and innovation, the very foundation of Lica's mission. Our partnership can help change the landscape of broadband innovation in the Czech Republic."

Elsat's adoption of Vecima's DAA follows comprehensive field trials and lab staging. The deployment is expected to significantly bolster Elsat's capability to deliver high-quality, reliable services to its customers, thereby reinforcing its position as a technology leader in the Czech telecommunications sector.

"With the DAA solution from Lica and Vecima, Elsat is evolving our broadband network to the next generation, providing our subscribers with faster speeds and higher reliability," said Petr Barta, chief executive officer at Elsat. "We are optimizing our existing infrastructure and building a strong future for our company."

Ryan Nicometo, senior vice-president and general manager, Vecima video and broadband solutions, added, "This deployment showcases the flexibility and power of Vecima's DAA solutions, designed to meet the evolving needs of modern networks and enhance the end-user experience."

The strategic partnership underscores Vecima's commitment to innovation and its role in driving the global evolution of content-rich, multigigabit networks through its advanced solutions.

About Lica Czech s.r.o.

Lica specializes in delivering innovative network solutions and services. By partnering with leading technology providers, Lica offers comprehensive solutions tailored to meet the diverse needs of its clientele.

About Elsat spol. s.r.o.

Elsat, based in Ceske Budejovice, Czech Republic, is a multisystem provider of telecommunications services. Dedicated to delivering cutting-edge solutions, Elsat offers a broad spectrum of services to both residential and commercial customers.

About Vecima Networks Inc.

Vecima Networks is leading the global evolution to the multigigabit, content-rich networks of the future. The company's talented people deliver future-ready software, services and integrated platforms that power broadband and video streaming networks, monitor and manage transportation, and transform experiences in homes, businesses, and everywhere people connect. The company help its customers evolve their networks with cloud-based solutions that deliver groundbreaking speed, superior video quality, and exciting new services to their subscribers. There is power in connectivity -- it enables people, businesses and communities to grow and thrive.

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